Essential Insights
-
Crypto Adoption in iGaming: Approximately 17% of online gambling bets in 2024 were made in cryptocurrency; 58% of industry experts see crypto as vital for future growth.
-
Significant Revenue Boost: An online casino experienced a rapid increase in Gross Gaming Revenue just two weeks after integrating crypto payments via Finassets.
-
Strategic Shift: The move to offer cryptocurrency was driven by player demand for faster, anonymous transactions, allowing casinos to offer 2-3 times more games than fiat-only counterparts.
-
Finassets Advantage: Finassets provides a transparent, low-cost crypto payment solution with quick integration, stable transaction features, and strong customer support, helping casinos confidently tap into the crypto market.
How Crypto PSP Helped an Online Casino Boost Turnover in Just Two Weeks
The iGaming industry embraces cryptocurrency as a standard payment method. Recent statistics show that approximately 17% of online gambling bets in 2024 were made using crypto. Players enjoy speed, anonymity, and flexibility, while operators that ignore crypto risk losing customers. Experts predict that cryptocurrency will drive growth in this sector.
In a recent case study, an online casino experienced a significant increase in Gross Gaming Revenue (GGR) just two weeks after launching crypto payments. This successful transition relied on Finassets.io, a specialized crypto processing provider known for its transparent and predictable pricing model.
A Strategic Shift
Launched in 2023, the casino initially accepted only traditional currencies. By 2025, the management recognized the essential nature of cryptocurrency adoption. “We noticed that more players prefer using cryptocurrency. If we didn’t offer this option, we’d risk losing a part of our audience,” shared a company representative.
Traditional payment methods often cause delays. In contrast, crypto payments confirm transactions in just 3 to 10 seconds. Additionally, casinos that accept crypto typically offer 2 to 3 times more games, marking this shift as a strategic advantage rather than just a trend.
Why Finassets?
The casino prioritized three factors when selecting a crypto payment service provider (PSP):
- Automatic Conversion: This helps mitigate volatility by converting to fiat and stablecoins.
- Security: Finassets’ payment API is designed for safe transactions.
- Transparent Fees: No hidden costs or unpredictable markups exist.
After evaluating the market, the casino chose Finassets. Operating since 2021, Finassets specializes in iGaming and features a model focused on Total Cost of Ownership (TCO). According to CEO Vitalijs Feldmanis, “Casinos see the true cost of each operation in their dashboard and pay significantly less than standard fees.”
Fast Integration Process
Finassets provides a sandbox environment for testing financial transactions without real money. Their clear API documentation and real-time Telegram support streamline the integration process, taking only a few days. “The response time is critical. Finassets handled every issue instantly,” emphasized the casino’s project lead.
Results and Future Plans
Following the launch of crypto payments, the casino noted a rapid increase in users opting for cryptocurrency as their deposit method. This change resulted in heightened GGR and improved cash flow.
Looking ahead, the casino aims to enhance TRC-20 transactions using Finassets’ TRON Energy Optimization tool and explore integration with Polygon. A company representative expressed gratitude for Finassets’ ongoing development, stating, “It gives us confidence that we’re working with a partner who grows with the market.”
For businesses venturing into global crypto payments, Finassets offers low fees, robust security, and straightforward integration. As technology continues to evolve, the partnership positions the casino for future success in the competitive iGaming landscape.
About Finassets
Founded in 2021, Finassets is a global B2B crypto payment processor. The company assists online businesses in accepting cryptocurrency payments with transparent pricing and strong security features. Through various services, including crypto mass payouts and API integration, Finassets empowers merchants to scale while ensuring secure transactions.
This increase in crypto adoption not only reflects changing player preferences but also highlights the growing importance of technology in financial transactions within various sectors.
Stay Ahead with the Latest Tech Trends
Learn how the Internet of Things (IoT) is transforming everyday life.
Stay inspired by the vast knowledge available on Wikipedia.
Disclaimer
This content is for informational and entertainment purposes only and does not constitute financial or investment advice. Cryptocurrency is highly speculative and carries significant risk, including the potential loss of your entire investment. Do not make financial decisions based on this information. Consult a licensed financial advisor before investing. This site does not offer, sell, or advise on cryptocurrency, securities or other regulated financial products in compliance with SEC and applicable laws. Please do your own research and seek professional advise.
CryptoV1
